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Cryptocurrencies Shiba Inu (SHIB) and XRP have consistently been among the top-traded assets on WazirX, one of India's leading cryptocurrency exchanges. According to a recent tweet from the exchange, both SHIB and XRP were among the top three most traded digital currencies for August, along with Bitcoin.
The revelation follows a trend that was also observed in June and July, where these tokens performed remarkably well, trading hand-in-hand with Bitcoin, the leading cryptocurrency by market capitalization.
Top-performing pairs CoinGecko data provides more granular insights into trading volumes on WazirX. The 24-hour trading volume on the platform stands at $798,882 with 225 coins and 449 pairs. Among these, Tether (USDT) and Bitcoin (BTC) took the lead, with trading volumes of $181,028 and $157,751 respectively. They were followed by Shiba Inu and XRP, echoing the tweet from the exchange about their sustained demand among Indian traders. WazirX's complex ownership saga WazirX offers a slew of digital currencies and supports both crypto-to-crypto and fiat-to-crypto transactions. The platform has been a key part of India's flourishing crypto market, despite facing recent controversies surrounding its ownership and alleged involvement in financial irregularities. https://u.today/xrp-and-shiba-inu-dominate-trading-on-leading-indian-crypto-platform.News
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